Latest posts
Elon Musk merges SpaceX with xAI at $1.25tn valuation
Aerospace business and artificial intelligence firm to unite for IPO as world’s most valuable private company Business live – latest updates Elon Musk’s aerospace company SpaceX has acquired his artificial intelligence business xAI, in a $1.25tn (£910bn) merger that consolidates part of Musk’s empire as SpaceX prepares to go public later this year. The two…
‘Deepfakes spreading and more AI companions’: seven takeaways from the latest artificial intelligence safety report
Annual review highlights growing capabilities of AI models, while examining issues from cyber-attacks to job disruption The International AI Safety report is an annual survey of technological progress and the risks it is creating across multiple areas, from deepfakes to the jobs market. Commissioned at the 2023 global AI safety summit, it is chaired by…
Palantir beats Wall Street expectations amid Trump immigration crackdown
CEO Alex Karp hails ‘iconic’ financial results despite criticism over contracts with ICE and homeland security Palantir celebrated its latest financial results on Monday, as the tech company blew past Wall Street expectations and continues to prop up the Trump administration’s push to deport immigrants. Palantir has secured millions of dollars in federal contracts amid…
Universal basic income could be used to soften hit from AI job losses in UK, minister says
Lord Stockwood says people in government ‘definitely’ talking about idea as technology disrupts industries • Business live – latest updates The UK could introduce a universal basic income (UBI) to protect workers in industries that are being disrupted by AI, the investment minister Jason Stockwood has said. “Bumpy” changes to society caused by the introduction…
Amazon tells workers it will cut 16,000 jobs worldwide in second big wave of layoffs
Workers informed after message erroneously said affected employees in US, Canada and Costa Rica had already been told Business live – latest updates Amazon has told workers it is cutting 16,000 jobs around the world to streamline its operations, hours after sending out a message to staff about the layoffs apparently in error. It is…
‘Wake up to the risks of AI, they are almost here,’ Anthropic boss warns
Dario Amodei questions if human systems are ready to handle the ‘almost unimaginable power’ that is ‘potentially imminent’ Quarter of Britons fear losing jobs to AI in next five years Humanity is entering a phase of artificial intelligence development that will “test who we are as a species”, the boss of the AI startup Anthropic…
AI is hitting UK harder than other big economies, study finds
Britain is losing more jobs than it creates owing to artificial intelligence, Morgan Stanley research suggests More than a quarter of Britons fear losing job to AI in next five years Business live – latest updates The UK is losing more jobs than it is creating because of artificial intelligence and is being hit harder…
More than a quarter of Britons say they fear losing jobs to AI in next five years
Survey reveals ‘mismatched AI expectations’ between views of employers and staff over impact on careers AI is hitting UK harder than other big economies, study finds More than a quarter (27%) of UK workers are worried their jobs could disappear in the next five years as a result of AI, according to a survey of…